Charging and commission options
Here’s a brief guide to the charges and commission for Investment Control. For a more detailed explanation on trail commission and commission give-up, download our Charges and commission guide.
Flexibility was at the forefront of our thoughts when designing Investment Control. We know no two clients are the same — that’s why we’ve set things up so you can:
- put together a structure that suits you and your clients, or
- choose from one of our standard charging options, which you can see in the table below
|
A | B | C | ||
|---|---|---|---|---|---|
| Allocation rate | 100% | 102% | 100% | ||
| Initial charge | 2% | Nil | Nil | ||
| Annual management charge | 0.5% | 0.5% | 0.5% | ||
| Portfolio charge (charged each quarter, for the life of the bond and based on the bond value) | 0.5% | 0.5% | Nil | ||
| Establishment charge (charged each quarter, for the first five years of each investment and based on the investment amount) | Nil | 0.8% | Nil | ||
| Commission | Initial only | Initial and trail | Initial only | Initial and trail | Nil |
| 7% | 3.25% initial 0.5% trail |
7% | 3.25% initial 0.5% trail |
||
| Cash-in charges (for the first five years of each investment) | 6.25% 5% 3.75% 2.5% 1.25% |
1.56% 1.25% 0.94% 0.63% 0.31% |
11.25% 9% 6.75% 4.5% 2.25% |
6.57% 5.25% 3.94% 2.63% 1.31% |
Nil |
| Anniversary bonus (payable on each investment value of £25,000 or more) |
|
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More on the charges
The relationship between charges and commission/allocation is:
- Initial charge - every 1% initial commission is equal to 1% initial charge.
- Establishment charge – every 1% initial commission/allocation is equal to 0.2% a year of contributions for five years.
- Portfolio charge – every 1% commission/allocation is equal to 0.1% a year of the fund for the life of the investment (a maximum of 5% initial commission/allocation can be paid by the portfolio charge):
- 0.1% trail commission is equal to 0.075% a year of fund for the life of the investment (0.5% trail commission would equate to a portfolio charge of 0.375% and maximum trail commission is 1%).
We reserve the right to vary the charging structure.
Tools
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Funds
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